Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: When is news coming?

If I recall properly, initially, the 2021 program was to address the metallurgical work, etc.

Then, we got shafted early 2022, when learning that more drilling was needed to have enough samples to meet the "industry standards".

How could Teck and CF miss these standards to start with?

March 10th 2022:

"A 5,000 m drill program that focuses on metallurgical (2,500 m) and geotechnical drilling (2,500 m) is proposed. The metallurgical drilling will allow for the collection of sufficient material to complete a metallurgical test program to meet Preliminary Economic Assessment industry standards definition."

October 17th 2022:  Drilling completed, but to meeting the "standards" yet?

  • The drill program completed 4,688 meters (‘m’) in eleven (11) drill holes focused on collecting samples to complement historical metallurgical testwork.

March 2nd 2023:  More drilling now required.

A 9,000 m drill program that focuses on geotechnical drilling (8,000 m) and metallurgical / resource delineation (1,000 m) is proposed. The geotechnical drilling will ensure sufficient data is available to support an updated mine plan design with increased pit slope angles and a reduced Strip Ratio. The metallurgical and resource delineation drilling will be completed to update throughput and recoveries assumptions, with some drilling allocated to infill the resource model.

Schaft Creek has what... 100,000m of drill cores available? 

That's not good enough to advance some portion of the study?

Anyways, after the 2022 Program was completed, we received partial results in January and the balance in February 2023.

Let's hope we are getting close.

MoneyK 

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